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If the donor engine is smoking oil like crack cocaine, that ISN'T the engine you want! I have rebuilt all the engines I have used for replacement purposes, but I have done most of the work myself (minus the $500 bill from the machine shop). My average bill on new parts for a B230F runs $800, so $1300 and I know I can get a million miles out of it.
That being said, if the engine in my brick blew up today, I'd go for a long block B230F from a 92 or 93 240, minor improvements in 92, oil squirters were added in 93 to cool the pistons. One simple piece of advice for evaluating a used engine in the boneyard I can give you is to pull the valve cover, if the head has minimal carbon buildup, it is most likely a very good engine, if everything is black, walk away! Don't forget your 10mm wrench so you can pull the valve cover!
jorrell
ps. I don't have a Bentley manual here with me so I can't give you the compression data, sorry.
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92 245 250K miles, IPD'd to the hilt, 06 XC70, 00 Eclipse custom Turbo setup...currently taking names and kicking reputations!
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